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Finance After Armageddon

ISBN: 978-1-118-00650-4

December 2010

288 pages

Description

Praise for the Death of Capital

"In an era of books on the financial crisis, this one is a significant standout. Michael demonstrates a keen understanding of the factors that led to the financial abuses of the past decade and equally importantly advances sound ideas for financial reform. A very engaging and worthwhile read!"

–Leon G. Cooperman, Chairman and CEO, Omega Advisors, Inc.

"Michael Lewitt is a very thoughtful presenter of facts and conclusions in his regular market letter. He has identified and clarified the conditions [that] are impacting global capital markets. This book belongs on the reading list of every serious investor."

–David Kotok, cofounder, Cumberland Advisors, and coauthor, Invest in Europe Now!

"Michael Lewitt describes how financial technology became the tool that almost destroyed the very system it was designed to protect. This book is both passionate and logical."

–Christopher Wood, Equity Strategist, CLSA, Editor, Greed & Fear

"Michael provides a serious, comprehensive study of the problems facing the United States and other countries and a synopsis of what created the intractable financial problems."

–Bill King, Editor, The King Report, and author, Wall Street Bull

"An essential read for capitalists . . . which we all should be in America. This book highlightsthe often overlooked fact that the machinery of our system works on math and marketing."

–Mark Stevens, CEO, MSCO-The Art and Science of Growing Businesses; author, Your Marketing Sucks

"This is the right book at the right time by the right person. Combining a sophisticated understanding of markets and informed ethical criticism, Michael presents the most insightful analysis of the recent financial crisis. The Death of Capital is required reading for anyone who wants to understand how the mistakes of the past will shape the future."

–Mark C. Taylor, Chair, Department of Religion, Columbia University

"The Death of Capital is essential reading. It describes, in cogent and graceful prose, how it was all too predictable that the capitalist system—for all outward appearances at the peak of its power—would end up on life support. That achievement alone makes it a masterpiece in this era of those who claim the crisis was a 'black swan' or '1,000-year flood.' Michael also sets out in stark and sometimes harsh terms the new policies he sees as necessary to save capital from capitalism."

–Kate Welling, Editor, welling@weeden

About the Author
Michael E. Lewitt is the President of Harch Capital Management, LLC and editor of the HCM Market Letter. He studied at Brown University, Yale University, and New York University School of Law. His writing has appeared in the New York Times, the New Republic, Trusts & Estates, and the Spanish newspaper El Mundo.